The Rupee closed stronger on Thursday, aided by a broadly weaker dollar and inflows as markets grappled with the impact of sweeping U.S. reciprocal tariffs and their impact on global trade and growth dynamics. India is facing a relatively softer levy of 27% than regional peers such as China, Vietnam and Thailand, which also was a sentimental positive for the currency. The local unit closed at 85.43 against the U.S. dollar, compared to the close of 85.4975 in the previous session. It had declined to a low of 86.75 in early trading, but broad-based interbank offers, including those spurred by likely custodial inflows, helped it trim losses, an FX trader at a bank said. Additionally, a more than 1% plunge in the dollar index - the greenback's safe-haven appeal dulling due to concerns about how trade policy may impact U.S. growth - helped out the rupee. Asian currencies kicked off the day on a weaker note, but most trimmed or reversed losses. The offshore Chinese yuan was last quoted at 7.30, retreating from a peak of 7.34. Futures indicated that U.S. equities were primed to open in the red, and the dollar index hit a six-month low. Other safe-havens such as the Japanese yen and Swiss franc soared. The euro and the Japanese yen soared against the dollar on Thursday, as investors grappled with how U.S. President Donald Trump's far-reaching tariffs will impact global trade and economic growth. Investors continue to flock to safe-haven units such as the yen and Swiss franc as the dollar weakened to six-month lows against both those currencies. The highly anticipated tariffs announcement sent shockwaves through markets, sinking global stocks and sending investors into the safety of bonds as well as gold, fearing that a full-blown trade dispute could trigger a sharp global economic slowdown and fuel inflation. The euro, hitting a six-month high, was last trading up 2.4% at $1.1109, and saw its biggest intraday advance since December 2015 . The dollar fell 2.6% on the Japanese yen to 145.45, and sank 3.03% on the Swiss franc to 0.8554 franc . Both safe havens were at their strongest on the greenback in six months. Britain's pound was up 1.11% to $1.3155. China's onshore yuan slid to its weakest level against the dollar since mid-February. China's offshore yuan also hit a two-month low against the dollar, but later steadied. The dollar was last down 0.2% versus the yuan at 7.2866. The Mexican peso and Canadian dollar strengthened, with the U.S. dollar more than 1% weaker against both. The Canadian dollar rose to a near four-month high against the greenback on Thursday as Canada avoided fresh tariffs on its goods in a widening trade war that has led to investors ditching the American currency. The loonie was trading 1.3% higher at 1.4050 per U.S. dollar, or 71.17 U.S. cents, putting the currency on track for its biggest advance since January 2023. The currency touched its strongest intraday level since December 6 at 1.4028. Oil prices fell on Thursday as the decision by the OPEC+ group to speed up unwinding of oil output cuts in May compounded already heavy losses following U.S. President Donald Trump announcement of sweeping new import tariffs. Brent futures were down $5.04, or 6.72%, at $69.91 a barrel by 12:50 p.m. EDT (1650 GMT). U.S. West Texas Intermediate crude futures were down $5.13, or 7.15%, at $66.58.......